Planning Your Child's Higher Education Fund..Even If You're Not Married

The Issue of Child Education Fund

One of the biggest obstacle many parents face is having enough money to support their child's higher education. Parents of the "Baby Boomers generation" whom have already experienced this stage of life would agree that the largest chunk of their savings are spent on ensuring the best possible higher education for their child. 

However among newly weds or parents with young toddlers, it is easy to brush aside this matter especially since the issue would only surface 20 years down the road. Rising household debts due to uncontrolled spending have largely contributed to the procrastination of many parents when it comes to starting their own child education fund. 

This procrastination syndrome was clearly proven based on the various conversations I had with young parents about planning their child education fund;

"Aiyah...why worry so much...20 years long way to go..plenty of time to save money for my kid's education"

or

"If not enough money, PTPTN can provide loan cover for me"

The Problem with Ignorance...

This goes to show that many young parents only see the immediate picture based on the responses above. Have they thought about the following possibilities? 

1. The future is full of uncertainties, what if 20 years down the road you are retrenched and unable to pay for your child education?
2. The cost of an engineering degree from a local private university cost about RM70,000 at present, with raging inflation what do you think the cost would be 20 years later? RM120,000? RM200,000? 
3. PTPTN can be a savior for your procrastination. Despite that, you've knowingly placed your child in debt even before he or she starts working. What would your child think of you?
4. You can take a portion of your EPF to pay for your child education in the future but wouldn't that leave you with lesser to retire upon?

Child education worries is akin to a buzzing mosquito hovering consistently at our ears all the time. We can choose to ignore the buzzing and live with it only to suffer the consequences of getting bitten 20 years down the road. Or perhaps we could do something about it now and swat the irritating mozzie away once and for all.

Case Study

Let's take a look at the present cost of education by sampling the Fee Structure from International Medical University (IMU) Malaysia.

There are 2 options to obtain a Bachelor of Medicine from IMU as shown below:

1. By completing the entire degree locally

2. By completing the 1st stage locally followed by the 2nd stage with a partner medical school overseas

Fee Structure from IMU as shown below:

Assuming that your pride and joy intend to become a Doctor in the future and you wish to pay for his or her education. How much do you think the course fee would be two decades from now including inflation? Let's take a look at the calculation:

Calculation of Projected Education Cost:

• Cost of Degree : RM410,000 (at present)
• Assuming Inflation Rate : 3% increase per year (I am taking a lower inflation rate as the increase in education fees is not as aggressive as the increase in food prices)
• Period for projection : 20 years

Based on the parameters given, the projected cost of a medical degree 20 years down the road would come up to an astounding RM740,505.61!!!

What should you do?

Inflation..inflation...inflation...we are all enslaved by it. Inflation is the reason why price of goods and services are increasing yearly. In order to protect the value of your money, you have to ensure that your savings is growing faster or at least equivalent to the inflation rate. 

The obvious answer to fighting inflation is via investing. Never the less I should forewarn that any form of investing involves risk. Even if you're stashing your money in a Fixed Deposit account, there will be risk. Are you able to guarantee that the bank holding your fixed deposit account would not default? Remember Lehman Brothers?

To simplify things, I've taken the initiative to compare the available option of "passive" investing* in order to achieve the targeted amount of RM740,505.61 within 20 years. Please refer to the table below:

Passive Investment Option	Expected Returns Per Annum	Monthly Savings Required
Savings Account	0.25%	RM 3,009.27
Fixed Deposit	3.50%	RM 2,134.83
Amanah Saham Bumiputera	9.00%	RM 1,108.73
Balanced Unit Trust (moderate risk)	10.50%	RM 913.63
Equity Unit Trust (high risk)	13.00%	RM 653.44

*Noticed I used the word "passive" investing? I have to be clear on this since stocks and properties are also investment options available for everyone. Yet both options were omitted from the table because I consider them as "active" investing. Active investing requires the investor to spend time and effort into researching and making the right selections. Not everyone, especially parents with kids could afford to do active investing, juggle their careers and manage their family all at the same time. One of it would give way eventually.

Summary

The subject of investing to build a Child Education Fund is a touchy topic to blog about. Firstly, investing itself is perceived as a negative sure lose option. Secondly the goal of the education fund is so far ahead in the future that many parents fail to visualize it. 

My self realization begin when I begin to take financial planning and investing seriously. Despite not being married...yet..., I've already started out investing into a balanced unit trust fund for my future (hopefully) son or daughter. If by faith I am not blessed with a child, then the invested amount would then be converted into my own retirement fund. Investing in unit trust is a step I am willing to take after understanding how it works as well as how to reduce the risk involved. 

I've made my choice, I hope that you will too!

Cheers and Happy Investing!

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3. Want to understand how to set up your own Child's Education Fund with Unit Trust? Drop me an email at sickfreak03@gmail.com

PhillipCapital 4th Annual Investment Conference 2013

Checked my email today and found this in my inbox:

Yes! I've been given a FREE invitation by PhilipCapital to attend one of the most anticipated investment event of the year! 

The PhilipCapital 4th Annual Investment Conference 2013 schedule to be held on the 20th July 2013 at the Istana Hotel is considered to be one of the biggest investment event held annually for investors.

What is the PhilipCapital 4th Annual Investment Conference 2013 all about?

This full day power pack seminar will bring over more than 10 prominent guest speakers representing renowned local and foreign fund managers, financial experts, professionals and academicians to share their views and knowledge on the financial markets.

Why should you attend the conference?

• Participants will discover answers to relevant and latest investment topics, products & service
• Special forum on market outlook for both local and global market
• Concurrent sessions with various topics for diverse group of participant
• Numerous exhibitors from fund houses and service providers that offer participants a one-stop centre to explore and compare the latest products and services

Who are the prominent speakers for this event?

Who's who?

1) Mr. Gerald Ambrose is the the CEO of Aberdeen Islamic Asset Management Sdn Bhd. The organization despite being a new fund house in Malaysia, recently launched two new Syariah compliant funds for Malaysia. Despite being new with no track record in Malaysia, their sister company, Aberdeen Asset Management Singapore is rated as one of the top Unit Trust Investment Fund House over there. Funds managed by Aberdeen Asset Management Singapore such as Aberdeen Thailand Fund and Aberdeen Malaysia Fund have both averaged more then 20% annualized returns over 3 years and 5 years. It is expected that their new funds to perform similarly as well since the philosophy of investing are the same across the board.

2) Mr. Ang Kok Heng is the CIO of PhilipCapital Management Sdn Bhd. As Chief Investment Officer, Mr. Ang has managed to consistently ensure that their top performing fund, Philip Master Equity Growth Fund remain in the top 5 rankings under the Category of Equity Malaysia. Most recently, this fund has been the star performer among the top 10 funds by gaining +23.24% returns since 1st January 2013. 

3) Mr. Chen Fan Fai is the CIO of Eastspring Investments Berhad. Formerly of Kenanga Investors Berhad, Mr. Chen bottom up approach investment strategy has seen the rise of many Eastspring's funds. Most notable performance is Eastspring Investments Small Cap Fund which have gained +36.67% since 1st January 2013.

4) Ms. Lee Sook Yee is the CIO of Kenanga Investors Berhad. Personally recommended by Mr. Chen Fan Fai to replace his former post, Ms Lee has managed not only to fill the void left by Mr. Chen but also added some freshness to Kenanga's investment strategy. Their top fund, Kenanga Growth Fund has consistently remained in the top 5 ranking despite the changing of leadership. Exciting times for Kenanga under the stewardship of Ms Lee.

Seminar Details

Interested to Participate in the Conference?

Do contact Philip Capital's general line at 03-2783 0300 or email enquiries@poems.com.my. Early birds (before 30th June 2013) are entitled to a discounted ticket of RM68 only! 

Hope to see you guys and gals there!

Cheers and Happy Investing!

Shane See

If you have any inquiries about investing in unit trust, feel free to drop me an email at sickfreak03@gmail.com. Rest assured that I won't bite. 

CIMB's "FORTUNE 10 CONTEST", Want to win 10% p.a on your Current/Savings Account?

Here's another contest coming from the 2nd largest bank in Malaysia. The "Fortune 10 Contest" by CIMB is a promotional campaign to boost new account openings as well as to encourage the pubic to stash save more money into their current and/or savings accounts. The full page advertisement promoting this contest on theStar paper caught my attention especially when it says 10% interest per annum on current and/or savings account balances.

10% p.a...yummy fortune cookies

Kudos to CIMB's promotion team for coming up with a catchy Ad such as the one above. Using 10% per annum as contest price is indeed an attractive proposition for anyone especially when the Fixed Deposit rates are only ranging from 3-4%. 

Nice...very nice indeed...Never the less, lets take a look at what is this competition all about and explore if there is any catch to it.

Participation

Let us take a look into the key terms and condition for participation:

1. Need to register your participation via SMS as shown in Item No.5 under Eligibility section of the Terms and Conditions

2. Participants are entitled to one(1) entry for every RM500 incremental average balance in his/her account based on monthly average balance as compared to "Baseline"

3. "Baseline" is the total average balance as of 31st May 2013 in the participant's account. For new accounts opened from 1st June 2013 - 30 September 2013, the Baseline is zero.

4. "Loyal Multiplier" - Participant with any one of his/her CASA Accounts opened prior to 1 June 2013 will enjoy “Loyalty Multiplier” on the number of qualifying entries during the Contest Period of which the Participant’s qualifying entries will be multiplied by the ‘number of months of participation’. The Participant’s ‘number of months of participation’ would only commence after the date of his/her  registration

5. Contest runs from 1st of June 2013 till 30th September 2013.

6. Only fresh funds added to your savings and/or current account are eligible for computation of entries. Funds that originate from existing account(s) with CIMB Bank Berhad, CIMB Islamic Bank Berhad and/or CIMB Investment Bank Berhad are not considered as fresh funds.

Calculating Entry:

Key Terms to know before reading sample calculation

• Monthly Average Balance (MAB) = Sum of total daily balances for the month / number of days in the month
• Incremental Average Balance (IAB) = Current month's MAB - Baseline

Sample Calculation 

Sample 1 : Existing Client before 31st May 2013, 1 Conventional Account with Loyalty Multiplier

The Loyalty Multiplier helps to boost the number of entries for existing clients who participate in this contest. 

Sample 2 : New Accountholder after 31st May 2013

For other samples of calculation, you can refer to the Terms and Conditions for this contest. Click HERE

Prizes and How to Win?

Monthly Prizes

• Prize : 10% p.a bonus interest on the total monthly IAB in the winners account(s).
• Number of Winners : 2,500 winners / month over the duration of the contest
• How to win : Participants picked from an automated selection system would be required to answer 2 questions via sms in the fastest time possible time. Top 2,500 with the correct answers and the fastest time will be deemed winners for the monthly prize contest. Further details as shown below:

• The 1st Catch : The 10% p.a bonus interest is over the total monthly IAB, NOT over your total amount in the account. E.g : Using Sample 1 from the Calculating Entry section in this post, if you are a monthly winner for the Jun 2013, the bonus interest is 10% p.a out of Total Incremental Average Balance for Jun 2013 which is RM8,000. 
• The 2nd Catch : The maximum bonus interest a winner is entitled to is RM1000.00 only. Hence if your IAB is RM20,000 and so happen that you win, you are only entitled to RM1000.00  from the bonus interest and nothing more.
• The 3rd Catch : Interest from Savings Account and Deposit Account are calculated daily and paid monthly. Putting aside the mechanics of calculating interest, I believe to fully enjoy your 10% bonus interest (or RM1000.00 maximum), you might need to lock in your IAB over a one year period. Do correct me if I am wrong on this.

Grand Prize

• Prize : RM10,000 cash for each winner
• Number of Winners : 10
• How to win : Once again participants are selected from an automated selection system. The first 10 selected participants who answer the questions correctly in the fastest time will be judged as winners. Further details as shown below:

• The 1st Catch : Terms and conditions did not specify how many questions you have to answer in order to win. 
• The 2nd Catch : The charges for SMS-es in this contest are not stated. For contest via SMS, the charges are normally higher then your average phone to phone sms. You might want to check with your service provider on this. 
• The 3rd Catch : The WINNER account must be in "ACTIVE" status as determined solely by CIMB Bank. 

Overall Summary of the Contest

Everyone loves to participate in a contest especially if it offers an attractive prize pool. For CIMB's "FORTUNE 10 CONTEST", this contest offers both pros and cons as listed below

Pros:

1. You're feeling lucky and you think you might stand a chance to win the monthly or grand prize. 

2. You have too much cash in hand and you don't know what to do with it.

3. You're already keeping your cash in a savings/deposit account from a rival bank. Perhaps it is time to move them over to CIMB and give yourself a shot at the grand prize.

4. It's good to save more money instead of spending it.

5. The prizes promoted by the advertisement are indeed attractive, especially for individuals with low risk appetite.

Cons:

1. You are placing your cash in a savings/deposit account that pays of interest less then 1% per year. 

2. What if you don win? There might be opportunity loss for you especially if your cash can be put to better use in other investments.

3. It's good to save more money, I agree with that! But not in a savings of deposit account for goodness sake.

4. This contest benefits the contest organizer more then it benefits the client. I won't explain the details here but if you like to know, drop me an email at sickfreak03@gmail.com

Lastly, do read the full Terms and Conditions of this contest HERE before you actually participate. If you're not sure, do contact the contest organizer for further details. 

Good luck, Cheers and Happy Investing!

P.s : Blogging this post makes me want to have a fortune cookie...hhmm 

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Mutual Fund Must Be Full of Con Men?

That title would have caught your attention to actually read this post, am I right? These are in fact actual words posted by a forum member in investlah.com in a thread dated 15th February 2012 as shown below:

Click to Enlarge

I believe most of us would have seen/read/heard the same kind of complaints containing key words such as:

1. Public Mutual

2. Drop/Lost

3. Con Men

4. Cheat

5. Lie

In fact reading the forum post above frustrates me a hell of a lot due to the following reasons:

1. Unit trust is designed for long term investment range yet it has been wrongly perceived by investors as a quick way to make quick returns.

2. A unit trust is designed for consistent investment over a period of time. Investors are not encouraged to invest one lump sum at one go. Investing a lump sum into unit trust when the stock market is at its peak due to over optimism (when optimism is at its peak, the stock market tends to crash) is the biggest reason why many investors find themselves losing a large chunk of their original investment. 

3. Unit trust investing is not speculative.Therefore please do not think of buying unit trust today and hoping to make profit by redeeming your units by next week or next month. The investment horizon should be longer then 3 years, at least!

4. Failure of unit trust consultant to highlight the risk nature of a fund to the investor. This problem is mostly caused by consultants whom are marketing unit trust purely for the sales commission. Due to the urgency to convince and to make a sale, some consultants tend to exaggerated the performance figures while intentionally leaving out the risk that comes with the fund.

5. Not all unit trust funds will guarantee profit even over long term. Such is the case of funds that are invested into China or Asia Pacific excluding Japan over the past couple of years. You can check out the performance of the Top 10 funds in China as well as the Top 10 Funds in Asia Pacific excluding Japan in my review HERE. 

It is of no surprise for an investor to be blinded by the promises of good returns to willingly fork out a large sum of money to invest in a fund that is new with no track record and at the same time disregarding the fact that countries such as China and Hong Kong.are extremely volatile. 

"High Risk, High Return-mah!" A catch phrase so commonly used by consultants that investors tend to forget and forgo the basics of risk evaluation when it comes to investing. Key steps such as finding out what are the risk involved, obtain independent views (not just from the consultant), evaluating and finally deciding if its worth taking or not were neglected.

Summary

Every unit trust consultant certified by Federation of Investment Managers Malaysia (FIMM) is responsible to provide correct and proper advice for investors. Lack of professionalism and unethical conducts among consultant is just going to ruin the image of unit trust and ultimately his or her own rice bowl.

Investors on the other hand should take responsibility in knowing and understanding what they are investing. Know and acknowledge that there are risks in every investment. Stop pointing fingers, for every one finger pointing to another party, 4 more is pointing back at you.

Cheers and Happy Investing!

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Top 10 Best Performing Unit Trust Funds As of 7th June 2013

If this is your first time reading this review, I would highly recommend that you read "A Guide Towards Understanding Unit Trust Performance Table" before proceeding.

Review
Fund Category : Asia excluding Japan 
Top 10 Best Performing Fund for Category Asia Excluding Japan (click Image to Enlarge):

2 Weeks Gain/Loss Ranking Table for Category Asia Excluding Japan:

Fund Name	YTD as of 22nd May 2013	YTD as of 7th June 2013	2 Weeks Gain / Loss (%)	2 Weeks Gain/ Loss Rankings	Previous 2 Weeks Gain/Loss Rankings
Public Islamic Asia Dividend Fund	-2.2	-1.24	0.96	1	5
Public Asia Ittikal Fund	-0.74	-1.81	-1.07	6	3
Eastspring Investments Asia Pacific Shariah Equity Fund	0.14	-0.88	-1.02	5	9
PB Islamic Asia Equity Fund	-1.6	-1.95	-0.35	4	2
Pheim Asia Ex-Japan Islamic	5.22	5.03	-0.19	2	1
MAAKL Shariah Asia-Pacific Fund	-4.96	-6.22	-1.26	7	6
CIMB Islamic Asia Pacific Equity Fund	-0.54	-0.83	-0.29	3	8
Eastspring Investments Asia Pacific Equity MY Fund	-0.24	-4.01	-3.77	8	4
PB Islamic Asia Strategic Sector Fund	Newcomer	-0.41	N/A	N/A	N/A
MAAKL Pacific Fund	Newcomer	-0.37	N/A	N/A	N/A
AVERAGE 2 WEEKS GAIN/LOSS (%)			-0.87

Review of Asia Excluding Japan Funds:

Any unit trust investor holding an Asia Pacific Excluding Japan fund in their portfolio should feel rather frustrated by the performance of the fund. Singling out Pheim Asia Ex-Japan Islamic (PAEJI) fund as the only fund that has a positive Yield to Date (YTD) of 5.03%, the rest of the top 10 funds are in the red since 1st January 2013.

I "believe" the Top 10 funds in the list above have in their portfolio a range of equities/stocks from China, Hong Kong and South Korea. The Hong Kong's Hang Seng has been breathing hot and cold the past couple of months due to influence by China and US. Watching the Hang Seng movement is akin to  watching two kids on a see saw going up and down.

In addition, South Korea's Stock Market or better known as KOSPI is lagging behind most Asian countries.  Poor economic data and being overshadowed by rivals Japan has resulted in the KOSPI index losing 3.64% over a period of 5 days.

Not forgetting a huge dip in the Japan's NIKKEI on 23 May 2013 (losing 7.73% on a single day) have also contributed to the decline in Hang Seng and KOSPI during this period of review.

Once again I would like to reiterate that the top 10 funds above have large allocations of funds invested in stocks from Hong Kong and South Korea. With see-saw like uncertainty in the Hang Seng and the poor performance of the KOSPI, it is not surprising that 9 out of the 10 funds in the list are in the red for 2013.

The only positive news I can blog about is that over the two week period from 23 May - 7 June 2013, the average 2 Weeks Gain/Loss of -0.87% is better then the benchmark MSCI AC Asia ex Japan index whom lost -3.35% over the same period.

If you would like to take advantage of the ASEAN market growth yet not want to have any exposure to Hong Kong and South Korea drop me an email at sickfreak03@gmail.com to find out what funds I would recommend.

Review
Fund Category : Greater China

Top 10 Best Performing Fund for Category Asia Excluding Japan (click Image to Enlarge): 

2 Weeks Gain/Loss Ranking Table for Category Greater China:

Fund Name	YTD as of 22nd May 2013	YTD as of 7th June 2013	2 Weeks Gain / Loss (%)	2 Weeks Gain/ Loss Rankings	Previous 2 Weeks Gain/Loss Rankings
CIMB-Principal Greater China Equity Fund	-2.98	-3.07	-0.09	2	8
CIMB-Principal Greater China Equity Fund	-2.98	-3.07	-0.09	2	8
PB China Titans Fund	0.32	-1.34	-1.66	6	3
Public China Ittikal Fund	-1.56	-3.23	-1.67	7	6
PB China Pacific Equity Fund	1.5	-0.52	-2.02	9	4
Public China Select Fund	3.19	1.47	-1.72	8	7
AmIslamic Greater China	-3.73	-6.93	-3.2	10	2
Eastspring Investments Dinasti Equity Fund	-0.63	-0.85	-0.22	4	10
Hwang China Select Fund	10.85	10.81	-0.04	1	1
MAAKL Greater China Fund	-1.47	-2.58	-1.11	5	5
AVERAGE 2 WEEKS GAIN/LOSS (%)			-1.18

Review of Greater China Funds:

Some movements in the top 10 ranking for Greater China Funds as PB China Titans Fund (PBCTF) fell back to 3rd ranking from 1st the previous week. Other funds ranking remained unchanged over the 5 year returns ranking

On the shorter horizan, the Average 2 Weeks Gain/Loss for Greater China Funds shed -1.18%. AmIslamic Greater China (AIGC) fund suffered the highest lost, shedding -3.2% of it's NAV. 

In this review, I would like to specifically point out Hwang China Select Fund (HCSF). Why this fund? Here are some key observations:

1. This fund is the only fund that has a double digit returns since 1st January 2013 at +10.81%

2. Over a 1 year period, this fund has returned 21.36%.

2. While other funds are struggling to maintain a positive gain, this fund has been able to robustly maintain positive figures since 31 January 2013.

3. The fund manager for HCSF has so far been able to ensure that investors are getting a positive gain regardless of how volatile the market is. This is inline with the policy of Absolute Investing by this Fund House. 

See Video of Absolute Investing as describe by David Ng, CIO of Hwang Investment Management:

Is it the right time to invest in China?

Despite the pledge for economic reforms by President Xi Jinping, most of the policies released recently are too general to depict any clear direction for China. Perhaps the President realizes that weeding out deep rooted bribery and corruption among officials need to be subtle and carefully executed instead of spouting out specific hammer down policies which could lead to mass revolt among local officials. By the time of writing, President Obama would have met with President Xi Jinping, discussing on how the world's largest and 2nd largest economies can work together. Hopefully there will be a clear indications from China as a result of this meeting!

Additional Updates: 
Am disappointed to read that the outcome of the discussion between Obama and Xi Jinping revolved around cyber-security instead of economic development. However Obama did mention the following;

United States is seeking an economic order "where nations are playing by the same rules, where trade is free and fair, and where the United States and China work together to address issues like cybersecurity and the protection of intellectual property."

The secretive nature of China as hinted by Obama's statement makes investing into China funds unattractive for many including myself. For now I wouldn't want to touch any of the China funds even with a foot long pole. 

Review
Fund Category : Equity Malaysia

Top 10 Best Performing Fund for Category Equity Malaysia (click Image to Enlarge):

2 Weeks Gain/Loss Ranking Table for Category Equity Malaysia:

Fund Name	YTD as of 22nd May 2013	YTD as of 7th June 2013	2 Weeks Gain / Loss (%)	2 Weeks Gain/ Loss Rankings	Previous 2 Weeks Gain/Loss Rankings
MAAKL-HDBS Flexi Fund	14.76	13.61	-1.15	10	4
Kenanga Growth Fund	14.8	15.91	1.11	2	3
Phillip Master Equity Growth Fund	18.03	20.78	2.75	1	2
Kenanga Syariah Growth Fund	13.21	14.11	0.9	4	6
Hwang AIIMAN Growth	18.3	18.89	0.59	5	1
AMB Dividend Trust Fund	8.9	8.43	-0.47	9	10
MAAKL Dividend Fund	13.39	13.5	0.11	8	8
CIMB-Principal Equity Fund	13.92	14.31	0.39	6	7
CIMB-Principal Wholesale Equity Fund	11.76	12.72	0.96	3	5
Public Focus Select Fund	10.55	10.8	0.25	7	9
AVERAGE 2 WEEKS GAIN/LOSS (%)			0.54

Review of Equity Malaysia Funds:

The after election-mini bull run have more or less died down as seen from the Average 2 Weeks Gain/Loss (%) which only added +0.54% over the past 2 weeks. Key points to highlight are the performance of Philip Master Equity Growth Fund (PMEGF) whom finish top in terms of 2 weeks Gain/Loss ranking by adding an additional +2.75% gain. PMEGF has since returned +20.78% since 1st January 2013, the first among the top 10 funds to break the 20% barrier.

Also worthy of a mentioned is Hwang AIIMAN Growth (HAG), a syariah compliant fund managed by Hwang Investment Management. Despite the limitation on the types of stocks that can be invested due to syariah laws, HAG has outperformed it's peers. Impressive indeed and a recommended fund for long term Muslim investors!

In terms of Market Outlook, there would not be much action for the KLSE Index for the next couple of weeks as no key events/announcements are expected to be made. However we should see gains from the Dow Jones Index last Friday (7 June 2013) to be reflected on our Index when it opens this coming Monday (10 June 2013). 

Cheers and Happy Investing!

P/s : If you like to invest into Philip Master Equity Growth Fund or Hwang AIIMAN Growth, feel free to contact me at sickfreak03@gmail.com 

P.P/s : All recommendations made are based on my experience and understanding. After which I apply them to my own personal investment. I am not into unit trust for hard selling. If you feel what I have recommended is bullshit, feel free to leave your frustration behind by commenting in this post. 

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